
Market #'s @ Closing Bell:
S&P: -1
DOW: -7
NASDAQ: +11
Rus2K: -
TSX/S&P:
$VIX:
Internals:
Core Sector List: 8/8 Split
- NYSE -
BREADTH: 2.2/1 Neg
AD LINE: -475
- NASDAQ -
BREADTH: 1.2/1 Pos
AD LINE: +150
Today on the Marketbeat: Uhhhh Huh...
Well another day, another chance to make a dollar.... After yesterdays close under 915 on the S&P's one could of made the case that the bears were back in town. This morning was the test to see if they would reclaim mother market for a little while longer. However the bears did not control the market today as it closed pretty much at yesterdays closing levels
The Internals were a bit of a mess with the NYSE internals coming in negative on the day while the NASDAQ finished stronger closing the day positive. The core sector list probably tells the tale of the tape best showing the 16 core sector lists closing the day split 8/8.
The bears might not of taking the market to the wood shed today but with the S&P closing below 915 for a second consecutive trading day, one still has to remain cautiously bearish on the short term.
Happy Trading...


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